KoosKanmar

$JSEMEI Some targets if the neckline of 6140 is breached.

Long
JSE:MEI   None
This could be seen as either a channel or an inverted head and shoulders. The inverted head and shoulders neckline is 6140. If that is breached targets 6550 and 6839 comes into play. That is roughly 10% upside potential. If this is considered a channel break the target would be higher. My approach here will be the less risky option.

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